Banking Branch Manager (Major Branch)
R741,281 (ZAR)/yr
R356.39 (ZAR)/hr
R49,592 (ZAR)/yr
The average banking branch manager (major branch) gross salary in Durban, South Africa is R741,281 or an equivalent hourly rate of R356. This is 13% lower (-R113,697) than the average banking branch manager (major branch) salary in South Africa. In addition, they earn an average bonus of R49,592. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Durban, South Africa. An entry level banking branch manager (major branch) (1-3 years of experience) earns an average salary of R526,343. On the other end, a senior level banking branch manager (major branch) (8+ years of experience) earns an average salary of R927,185.
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
R859,348 (ZAR)
16 %
Based on our compensation data, the estimated salary potential for Banking Branch Manager (Major Branch) will increase 16 % over 5 years.
This chart displays the highest level of education for:
Banking Branch Manager (Major Branch), the majority at 60% with bachelors.
Typical Field of Study: Banking and Financial Support Services
See how education can impact your salaryThe cost of living in Durban, South Africa is 4% less than the average cost of living in South Africa. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageDurban ( DUR-bən; Zulu: eThekwini, from itheku meaning "bay, lagoon") is the third-most populous city in South Africa, after Johannesburg and Cape Town, and the largest city in the province of KwaZulu-Natal. Situated on the east coast of South Africa, on the Natal Bay of the Indian Ocean, Durban is South Africa's busiest port and was formerly named Port Natal. North of the harbour and city centre lies the mouth of the Umgeni River; the flat city centre rises to the hills of the Berea on the west...
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.